Former Pizza Hut - 183rd Street
Former Pizza Hut | 2,627 SF
Marketing description
Marcus & Millichap is pleased to announce the sale of a ±2,627-square-foot freestanding building situated on a highly visible outparcel along NW 183rd Street. The property offers exceptional repositioning potential for restaurant, dry goods retail, medical, or service-oriented users seeking strong frontage and convenient accessibility within a high-traffic commercial corridor.
Positioned along NW 183rd Street, the asset benefits from exposure to approximately 29,500 vehicles per day, providing excellent visibility and consistent consumer flow. Its strategic location just minutes from Hard Rock Stadium—home to the Miami Dolphins and host to major concerts, international soccer matches, and year-round events—further enhances the property’s long-term viability by driving substantial traffic to the surrounding area.
The site is zoned BU-2, allowing for a broad range of commercial uses including retail, restaurant, office, and service establishments. Situated on an expansive 18,600-square-foot lot, the property features 26 on-site parking spaces, equating to approximately nine spaces per 1,000 square feet—well above typical retail ratios and particularly attractive for high-traffic medical, quick-service restaurant, and service-based tenants. Overall, the transaction represents a compelling functional real estate opportunity in a dynamic and demand-driven submarket.
Investment highlights
Retail Repositioning Opportunity – 2,627 SF freestanding building situated on a highly visible outparcel, offering strong repositioning potential for restaurant, dry good retail, medical, or service-oriented users
Strong Traffic Exposure – Positioned along NW 183rd Street with approximately 29,500 vehicles per day, providing excellent visibility and accessibility.
Strategic Location Near Hard Rock Stadium – Located minutes from Hard Rock Stadium, which hosts NFL games, major concerts, international soccer matches, and year-round events driving significant consumer traffic to the area.
Desirable BU-2 Zoning – Liberal business zoning allowing for a wide range of commercial uses including retail, restaurant, office, and service establishments.
Lot Size – Situated on an expansive 18,600 SF lot, the property offers excellent on-site parking with 26 spaces, equating to an impressive 9 spaces per 1,000 SF — well above typical retail requirements and ideal for high-traffic users such as medical, or service-oriented tenants.
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